Friday 16 September 2016

EA Holdings: where is the transparency?

EA Holdings published its 2016 annual report. Results do not look good:




The loss is for a large part due to impairment of intangibles. But strangely enough, hardly any background information on this issue is given.

Apparently both the Board of Directors and the auditors are ok with that.

Are the regulators (Bursa, SC and AOB) also ok with it?

Surely the minority shareholders deserve a proper explanation.

2 comments:

  1. But the sad thing is, EAH was shared (good) few times by famous malaysia financial blogger dali. He hardly repeat sharing the same stock.

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  2. He actually sold his company to EAH.

    ReplyDelete